School Budget Overview

Fair Student Funding Budget For 2013-14 School Year 



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Fair Student Funding Formula Detail l m n   o   p
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Fair Student Funding Weighted Register Formula FY14
Weight
FY14 Per Capita without Funding for System-wide Teacher Salary Growth* FY13
Actual Registers
  FY14 Projected   Register Change
  Register   Formula   Register   Formula
I. Grade Weight      802    748    $3,173,996     (54)    ($229,139)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  0    0    $0     0    $0
    iii. 9-12  1.03  $4,243.31  802    748    $3,173,996     (54)    ($229,139)
Need Weight Total      710    613    $1,159,169     (97)    ($176,286)
II. Academic Intervention      576    470    $579,675     (106)    ($161,050)
    i. Poverty  0.12  $494.41  0    0    $0     0    $0
    ii. Achievement (4-5)                      
    a. Well Below Standards  0.40  $1,647.62  0    0    $0     0    $0
    b. Below Standards  0.25  $1,029.50  0    0    $0     0    $0
    iii. Achievement (6-8)                      
    a. Well Below Standards  0.50  $2,061.10  0    0    $0     0    $0
    b. Below Standards  0.35  $1,441.93  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  239    147    $242,201     (92)    ($151,581)
    b. Below Standards  0.25  $1,029.50  337    315    $324,294     (22)    ($22,649)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    8    $13,181     8    $13,181
III. English Language Learner (ELL)      18    23    $47,405     5    $10,305
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  0    0    $0     0    $0
    iii. 9-12  0.50  $2,061.10  18    23    $47,405     5    $10,305
IV. Special Education Services      116    120    $532,088     4    ($25,542)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  23    25    $57,688     2    $4,615
    b. 21% to 59%  1.25  $5,152.53  45    34    $175,186     (11)    ($56,678)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,406.49  15    29    $69,788     14    $33,691
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,603.68  0    0    $0     0    $0
    b. 1-5 Filled Seats  1.74  $7,169.56  0    0    $0     0    $0
    c. 6-8 Filled Seats  1.74  $7,169.56  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  33    32    $229,426     (1)    ($7,170)
V. Portfolio      802    748    $457,405     (54)    ($65,904)
    i. Career and Technical Education                      
    a. Nursing  0.26  $1,071.27  0    0    $0     0    $0
    b. Health / Trade / Technical  0.17  $700.61  615    426    $298,192     (190)    ($132,963)
    c. Business  0.12  $493.87  187    322    $159,214     136    $67,059
    d. Home Economics / Art  0.05  $205.69  0    0    $0     0    $0
    ii. Specialized Academic  0.25  $1,029.50  0    0    $0     0    $0
    iii. Specialized Audition  0.35  $1,441.93  0    0    $0     0    $0
    iv. Transfer School                      
    a. Heavy Graduation Challenge  0.40  $1,647.62  0    0    $0     0    $0
    b. Regular Graduation Challenge  0.21  $858.67  0    0    $0     0    $0
TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA   1,277.13     1,162.73     $4,790,570     (114.40)     ($471,328)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,162.73 x $2.44 + $2,839        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $5,018,409        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $5,313,122
Register Change          
  Fair Student Funding Register Formula s   ($471,328)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 96.70%    
  Register Change Allocation Based on School's Percent of Formula h     + ($455,762)
Adjustment for System-wide Teacher Salary Growth i     + $2,839
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $0
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $4,860,198
FY14 Final Percent of Formula                   ($4,860,198 - $225,000) w     = 96.70%
                      ($5,018,409 - $225,000)    



* Chart of FY14 Per-Capita including System-wide Teacher Salary Growth.
** Chart to Calculate the Percentage of Time in Special Education.
*** Pupils with four core subjects in a seven period day (4/7) are included here.